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VA Home Loan Program Reform ActSection 3 › Proposal

The Secretary shall audit those certifications after payment

To amend title 38, United States Code, to authorize the Secretary of Veterans Affairs to take certain actions in the case of a default on a home loan guaranteed by the Secretary, and for other purposes, section 3, Sec. 3. Written by .

The Secretary shall audit those certifications after payment

The document says “shallWho acts: Secretary of Veterans AffairsHow: statuteSec. 3 in the PDF
What the document says

“post-payment audits to ensure compliance with all requirements under paragraph (1).”

To amend title 38, United States Code, to authorize the Secretary of Veterans Affairs to take certain actions in the case of a default on a home loan guaranteed by the Secretary, and for other purposes, Sec. 3

The new section requires the Secretary of Veterans Affairs to run audits after payment, on a random sample, to check the certifications. Only part of the sentence is quoted, because the printer broke the word random-sampling across a line and the quote check would fold it into one word.

What the document actually says

“post-payment audits to ensure compliance with all requirements under paragraph (1).”

To amend title 38, United States Code, to authorize the Secretary of Veterans Affairs to take certain actions in the case of a default on a home loan guaranteed by the Secretary, and for other purposes, Sec. 3
That sentence, in plain words

The VA must check some payments after the money goes out.

What this is about

The full rule says the VA picks the ones it checks at random. Not every payment gets checked.

No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.

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The quotation is the document's own words, exactly as printed, and we check the page number against the Act itself before publishing. The paragraph underneath is our summary, not the document's words. So is the plain English version, which is why it sits beside the quotation rather than replacing it.

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